China's central bank: the number of mobile payment services in the fourth quarter of last year increased by 73.56% year-on-year
by tellerreport 2020-03-18
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source: entrepreneur

China News Service, March 17th. According to the People's Bank of China website news, on the 17th, the central bank released the overall operation of the payment system in the fourth quarter of 2019. 

Data show that the national payment system operated smoothly in the fourth quarter of 2019, the scale of social capital transactions continued to expand, and the payment business volume maintained a steady growth. Among them, 30.734 billion mobile payment services amounted to 94.92 trillion yuan, up 73.56% and 21.34% year-on-year respectively.